09:21 AM EST, 12/11/2024 (MT Newswires) -- Apple ( AAPL ) is working with Broadcom ( AVGO ) as it develops its first server chip specially designed for artificial intelligence, The Information reported Wednesday, citing three people with direct knowledge of the project.

Apple's ( AAPL ) work with Broadcom ( AVGO ) pertains to the chip's networking technology, a crucial aspect of AI processing, one of the people reportedly told The Information.

Apple ( AAPL ) and Broadcom ( AVGO ) did not immediately respond to MT Newswires' requests for comment.

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